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and we'll hear from him at the top of the hour. jim axelrod has the story of one team's return to postseason play. jim, good morning. >> good morning, nora. the a's are back in the bay area to take on the detroit tigers. the a's are down 2-0 in this best-of-five playoff series. but they've already beat some long odds to be in the postseason at all. they are the poorest team in major league baseball. with a roster stocked with rookies and low-paid veterans pulled off the junk heap. the oakland a's were pegged to finish last in their division. instead -- >> ball game! >> reporter: -- they finished first. >> most people, i think, now we'd lose 100, maybe 110. so this has been satisfying. >> reporter: if what general manager billy beanehas done sounds like a hollywood story, it already was. >> the problem we're trying to solve is that there are rich teams and there are poor teams. then there's 50 feet of crap. and then there's us. >> reporter: brad pitt played beane in "moneyball." based on a best-selling book, it's a tale of a gm with a small budget for salaries, outthinking every
romney was in as well at bain capital. >> that's correct. >> it's become a subject of critic jim from the obama campaign with respect to what he did and whether he created jobs or not. should bain capital be an issue in this cain? -- campaign? >> everything is subject to be criticized in a campaign. the private equity has helped revolutionize business around the world. private equity is designed to make companies more efficient. it has an effect of make being jobs be created and that's not the principal purpose but very often we save jobs. one of the most important things is we make good returns that go to public pension funds. private equity has bean great thing for american business and the envy of the world. >> there's tissue of carried interest. >> that's correct. >> which puts you at a lower interest rate than some think you should be. taxed at a capital gains rate rather than ordinary income rate. do you think that's fair? >> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with w
Search Results 0 to 1 of about 2